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Japan, Germany Step Up on Indonesia Climate Deal as US Exits

Japan’s finance minister confirmed the nation will continue to support Indonesia’s energy transition following the exit of the US from a $20 billion initiative to help one of Asia’s biggest polluters shift away from fossil fuels.



Following the US withdrawal from a $20 billion initiative to support Indonesia's energy transition, Japan and Germany are stepping up to continue supporting the effort. Germany will replace the US as co-leader, and Japan affirmed its commitment to Indonesia's decarbonization and energy transition. Concerns have been raised about the US exit potentially setting a negative precedent.

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